Press Trust of India on MSN14m
Budget 2025 math: Where each rupee in India's coffer comes from and where it goes
Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue ...
No GST on penal charges levied by banks, NBFCs and other regulated entities on loans, clarifies CBIC
The government has stated that no Goods and Services Tax (GST) is required to be paid on penal charges on loans levied by RBI ...
Tax Guru1d
Gujarat AAAR Rejects Tax Exemption Appeal of Data Processing Forms
Gujarat Appellate Authority for Advance Ruling (AAAR) has upheld the Gujarat Authority for Advance Ruling’s (GAAR) decision ...
Narendra Modi government to introduce tracking ID on goods to check GST evasion
The proposed amendment, under Section 148A of the CGST Act, would empower authorities to monitor the movement of specified ...
One arrested for availing fake input tax credit of ₹227 crore
CGST Commissionerate arrests person for ₹227 crore fake input tax credit fraud, passed on credit to own units.
Pakistan Today11h
Tax reforms for economic justice and equity
In the grand framework of society, the principles of justice and equity are meant to guide the distribution of wealth and opportunity. In Pakistan, these ideals remain elusive despite its abundant nat ...
The big tax Americans don't pay — and what we give up in exchange
Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.
Income Tax Slab, Budget 2025 LIVE: A look at some of direct and indirect taxes affecting all taxpayers daily
Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...
The Financial Express1d
Budget 2025 Expectations: FM expected to use indirect tax as key to maintain balance between growth and fiscal discipline
The upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...
Tax Guru1d
GST Order Invalid if officer Relies on Another State’s Proceedings for Tax Determination
Vs. Union of India, set aside a GST order issued under Section 73 of the CGST Act, 2017. The petitioner challenged the order ...